Only a small demographic of home buyers has a couple hundred thousand dollars laying around to pay cash for their new home with. That means the majority of us have to take out a loan to buy our homes. Getting into a mortgage loan with high rates or bad terms adds thousands of dollars to … Read more
A generation locked out of the housing market, a property bubble so inflated it is about to burst. Cue the doomsday music and fretting over escalating home values. Don’t get me wrong, saving for a deposit is an difficult exercise, and it is true that Australian property values have increased significantly over the past 15 … Read more
Boost your home’s sales appeal by adding key amenities and playing up hot features. When it comes time to sell your home, whether you’ve lived there for three years or 30, you need to see it as a product for sale. And just like an item on a store shelf, you want your home to stand … Read more
What do you do with a property you own that you’re no longer using? Sell it? Or rent it? Here’s a quick and simple rundown on how to decide. Let’s say your house is already paid for and you’re thinking of moving to a new one. What do you do with the property you’re no … Read more
In a typical home purchase, the sale takes place shortly after the offer has been accepted, and the transaction is completed at closing. Since most buyers don’t have the money to pay cash, a mortgage is usually used to finance the purchase: The buyer puts down a certain percentage of the purchase price (the down … Read more
Home improvements are one of the top reasons why people apply for a loan. After all, home renovations can be very expensive, but they can also add real value to the home, so they’re worth paying for over a period of time. That being said, grabbing the biggest loan that you can and splurging it … Read more
You’re about to buy the home of your dreams, but what if suddenly something doesn’t feel right? Here are five signs you should step back from the deal. Buying a home is an exciting, stressful and emotional process. Once you’ve gone to lots of open houses and started making offers, chances are you might get … Read more
You’ve got your heart set on that 2-bedroom charmer, but the seller turned you down. Now what? Searching for a home can be similar to searching for true love. You may meet many prospects before you find the one. And sometimes, you may long for a prospect more than he or she longs for you. The same … Read more
Not Enough Deposit To Buy A House? The First Home Deposit Funding Scheme (MyDeposit) has been launched. Announced during Budget 2016 last October, the scheme is aimed at helping the lower-middle income group with a household income of RM10,000 and below. Government has allocated about RM200 million for the MyDeposit Scheme for first time house … Read more
For sellers, success is all about managing the offers, while buyers must strategize and be prepared to compete. In a market with limited inventory and lots of willing and able buyers, we find a hot sellers’ market. Phrases such as “bidding wars” and “non-contingent offers” are music to sellers’ ears — and enough to scare … Read more
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